14642 S McKellen Dr UNIT C303HerrimanUT84096
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 14642 S McKellen Dr UNIT C303, Herriman, UT, 84096 in Herriman, $345,000, 8.39% gross yield, $169/mo net income. Consider it a market-entry position, the $2,411/mo rent covers the $1,551/mo payment with a margin, and 5%/yr appreciation is projected to add $95,317 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.55) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $142,197.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $169 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,411 |
| Total Monthly Debt Service | $2,105 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2018
N/A lot
$N/A/sqft
$220 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 2018
N/A lot
$N/A/sqft
$220 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grant Evans • Coldwell Banker Realty (Provo-Orem-Sundance)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2094908
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-06-30 11:56:33 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)